Diamond Hill Capital’s Small Cap Strategy investor letter for Q3 2025 revealed a 7.93% return, trailing the Russell 2000 Index’s 12% gain. Mesa Laboratories, Inc. (NASDAQ:MLAB) was mentioned as a bottom contributor due to macroeconomic challenges, currency impacts, and China-related headwinds. MLAB stock closed at $77.74 on November 24, 2025, with a market cap of $429.304 million. Hedge funds increased their holdings of MLAB, but some AI stocks may offer better potential.

Read more at Yahoo Finance: Diamond Hill Capital Small Cap Strategy’s Views on Mesa Laboratories (MLAB)